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Rackable seeks SGI crown jewels

Jason Stamper Published 11 May 2009

Rackable Systems remained convinced that Silicon Graphics must have some invaluable IP hidden somewhere.Rackable Systems has bought Silicon Graphics (SGI) out of bankruptcy for $25m, and announced today it would change its own name to SGI, with

SGI and rackable.jpg

Rackable Systems remained convinced that Silicon Graphics must have some invaluable IP hidden somewhere.

Rackable Systems has bought Silicon Graphics (SGI) out of bankruptcy for $25m, and announced today it would change its own name to SGI, with Rackable becoming just a product line.

More on the reasons for SGI's troubles, and the Rackable buy, here.

Thanks to vaxomatic (Flickr, CC licence) for the pic.

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